Frutarom is a flavors, savory solutions and natural ingredients company with production and development centers on six continents. It markets and sells more than 70,000 products to more than 30,000 customers in over 150 countries. Natural products are said to drive more than 75% of its sales.
"We are pleased that we’ve received our final antitrust clearance from Russia to proceed with our combination with Frutarom," said IFF chairman and CEO Andreas Fibig. "Building on our strong momentum – having obtained Frutarom shareholder approval and receiving all relevant antitrust clearance – we continue to make significant progress in our integration planning. With great execution from our teams, we are on-track to close the transaction in early October – ahead of our original expectation."
The deal was first announced in May.